Top ESG ETFs of the Week: Clean Crypto Mining ETFs

This week’s top ESG ETFs include Clean Crypto Mining ETFs and Small Cap ETFs. Below we highlight the reasons why these ETFs performed well in the week of October 18 to 22nd, along with a list of top ESG ETFs.

Clean Crypto mining ETF leads the pack in last week's top ESG ETF list

Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (or RIGZ) gained +12.9% last week. The ETF invests in Crypto-mining companies that power the majority of their operation with clean energy. The fund also holds semiconductor companies that have high ESG credentials. Read more on ESG-Stamped Crypto Mining.

Crypto miners have been reaping the benefits of the crypto buying frenzy, especially after the approval of the first U.S. Bitcoin-linked ETF, the ProShares Bitcoin Strategy or BITO. With a higher price tag on Bitcoin and Ethereum (main mining products), the companies will have higher revenues and profits, attracting investors who prefer to bet on crypto-linked equities. Semiconductors had a good week as well with the continuing global chip shortage and strong results from key players. The Whitehouse added a boost by pressing Congress to pass legislation that would provide $52 billion to help computer chip manufacturers dodge additional shortages.

Small cap with ESG twist among last week's top ESG ETF performers

U.S. Small Caps, which tend to be more reactive during positive economic development were among the top-performing ESG ETFs last week. U.S. Labor Department reported strong job numbers, providing a positive consensus for the fourth quarter. The report, coupled with Pfizer's new antiviral pill, which cut COVID-19 severe health risks by 89%, renewed investors' confidence in the highly volatile and sensitive small cap businesses.

Highlighting this week's ESG ETF list are Xtrackers S&P SmallCap 600 ESG ETF (SMLE), iShares ESG Screened S&P Small-Cap ETF (XJR), and iShares ESG Aware MSCI USA Small-Cap ETF (ESML), gaining +6.95%, +6.71%, and +4.87% respectively.

The biggest among those three is the iShares ESG Aware MSCI USA Small-Cap ETF (ESML) with $1.3 billion in assets under management. The fund is currently invested in 1,052 U.S. Small Cap companies and allocates a higher weight to companies with favorable environmental, social, and governance ("ESG") profiles. It trades on the Cboe BZX and charges 0.17% in annual fees.

Top 10 ESG ETFs of the week:

• Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (RIGZ): +12.90%
• Xtrackers S&P SmallCap 600 ESG ETF (SMLE): +6.95%
• iShares ESG Screened S&P Small-Cap ETF (XJR): +6.71%
• Lyxor MSCI Future Mobility ESG Filtered (DR) UCITS (MOBI): +5.99%
• iShares Indice Carbono Eficiente (ICO2) Brasil ETF (ECOO11): +5.63%
• iShares Automation & Robotics UCITS ETF (RBOD): +5.17%
• Xtrackers MSCI EM Latin America ESG Swap UCITS ETF (XMLDL): +4.98%
• iShares ESG Aware MSCI USA Small-Cap ETF (ESML): +4.87%
• NuShares ESG Small-Cap ETF (NUSC): +4.86%
• Rize Medical Cannabis and Life Sciences UCITS ETF (BLUM): +4.81%

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